On January 1 . 2014, $50,000 of 20-year, 6 percent debentures were issued for $56,275.20 . Interest payment dates on the bonds are January 1 and July 1 . The amount of premium to be amortized on July 1 . 2014, when using the straight-line method is

a. $313.76.
b. $156.88.
c. $776.50.
d. $93.11.


B

Business

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